Anticoronavirus Insurance

Insurance coverage against COVID-19 is a timely created solution with taking care of the customer’s safety and health.

«Anticoronavirus» insurance product is a type of life insurance that offers insurance coverage in case of infection by COVID-19 and death of the Insured for any reason during the insurance period, valid throughout the territory of the Republic of Azerbaijan.

Insurance premium varies depending on the age of the insured.

The established age limit is divided into 2 groups, and there are 3 types of insurance packages for each age group.

 

18-50 age group

Insurance premiumInsurance coverage - Sublimit in case of infection
39 AZN1 000 AZN – 250 AZN
79 AZN2 000 AZN – 600 AZN
119 AZN3 000 AZN – 900 AZN

51-60 age group

Insurance premiumInsurance coverage - Sublimit in case of infection
65 AZN1 000 AZN – 250 AZN
135 AZN2 000 AZN – 600 AZN
195 AZN3 000 AZN – 900 AZN

Insurance risks by type of insurance

  • COVID-19 infection
  • Death of the Insured for any reason during the insurance period

Insurance payment of the 1st risk is only possible if laboratory diagnosis of Covid-19 established in blood by PCR or IgM tests.

Contract waiting period:

  • Insurance against incurable diseases - 14 calendar days;
  • Term life insurance – 30 calendar days.

 

"Anticoronavirus" Insurance Product provides for a waiting period, determined by the commencement of the contract. Insurance case that happened during this period does not covered by Insurance Company.

 

FAQ